Will Solana Be the Execution Layer and Ethereum the Settlement Layer? - Ep.294

On Unchained, two co-founders of Solana Labs, Anatoly Yakovenko and Raj Gokal, dive deeply into the Solana ecosystem, discussing everything from the price of SOL to the Solana network outage to the competition between Ethereum and Solana. Show highlights:
why Raj thinks SOL’s market cap grew from $86 million to $68 billion in less than a year
Anatoly’s and Raj’s background and how they found themselves working together to build Solana
why Anatoly thinks Solana will be a general-purpose blockchain rather than specializing in gaming or high frequency trading
Anatoly’s goal to make Solana the first billion-user blockchain
why Raj thinks NFTs on Solana have been so popular
why, in the opinion of Raj and Anatoly, Solana’s purpose has shifted away from high-frequency trading
how NFTs could replace ads
why “everything is DeFi”
how Solana Labs plans to allocate the recent $314 million funding round it raised
what lessons Anatoly learned from the 18-hour September network outage
technically speaking, what happened to cause Solana’s network outage
why Anatoly believes that outages, at this stage, aren’t necessarily a bad thing
whether “trading mercenaries” dominated at Solana Breakpoint
why developers are interested in building on Solana
how Solana and Ethereum compare as execution and settlement layers
why Raj doesn’t like framing competition between Solana and Ethereum as a fight
how Anatoly views the competition between Ethereum and Solana
whether the arrival of Neon Labs, which is bringing EVM to Solana, could lead to developers leaving Ethereum
how NFTs and Phantom wallets are bringing in new users for Solana
whether Raj and Anatoly would roll back Solana if something like Ethereum’s DAO hack were to occur
why Solana has the competitive advantage in throughput, according to Anatoly
what would happen if FTX cofounder and CEO Sam Bankman-Fried gave up on Solana
their predictions for Solana five years from now
 
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Episode Links:
 
Anatoly Yakovenko

https://twitter.com/aeyakovenko 
 
Raj Gokal

https://twitter.com/rajgokal 
 
Solana News
Anatoly Yakovenko -- ​​ It ‘doesn’t really matter’ if the network goes down again

https://www.theblockcrypto.com/post/124887/solana-labs-ceo-it-doesnt-really-matter-if-the-network-goes-down-again 

Neon Labs
https://www.theblockcrypto.com/post/123744/neon-labs-developer-of-ethereum-virtual-machine-on-solana-raises-40-million
Aave + SushiSwap going to Solanas through Neon Labs

https://twitter.com/joselitommutuc/status/1462043806207938563 



Solana + Brave integration

https://decrypt.co/85538/privacy-browser-brave-expands-beyond-ethereum-solana 

ATH at $260

https://decrypt.co/85457/solana-hits-all-time-high-of-260 

Solana Breakpoint

https://www.coindesk.com/business/2021/11/15/solana-throws-a-three-day-party-for-itself/ 

https://www.cryptoglobe.com/latest/2021/11/solana-network-highlights-from-breakpoint-conference-paint-a-very-healthy-picture/ 

https://decrypt.co/85934/the-view-from-solana-week-in-lisbon 

FTX US + Solana NFTs

https://www.theblockcrypto.com/post/120044/ftx-us-launches-marketplace-for-trading-solana-based-nfts 

Solana Outage
The Block’s coverage

https://www.theblockcrypto.com/linked/117711/solana-blockchain-validators-restart-network-after-transaction-stoppage 

https://www.theblockcrypto.com/linked/117624/solana-experiences-transaction-stoppage-as-developers-report-intermittent-instability 

Why the mainnet went down

https://twitter.com/buffalu__/status/1437792673784549383  

Potential ramifications

https://twitter.com/CometShock/status/1437870278684590091 

Anatoly Yakovenko Solana outage tweets
https://twitter.com/aeyakovenko/status/1437887482897518595
https://twitter.com/aeyakovenko/status/1437784552324358155
https://twitter.com/aeyakovenko/status/1438496595360862215
https://twitter.com/aeyakovenko/status/1438465508412739588

https://twitter.com/aeyakovenko/with_replies 


Solana $314M Fundraise

https://www.theblockcrypto.com/post/107749/solana-labs-raises-314-million-funding-a16z-polychain-capital 

 
Solana Topics
Raj thinks Ethereum cannot be killed
https://twitter.com/rajgokal/status/1458420316569489410

NFT Growth

https://twitter.com/masonnystrom/status/1455556328404013057 

https://twitter.com/masonnystrom/status/1459157853848195079 
Pplpleasr

https://decrypt.co/85964/the-collectoooooor-pplpleasr-latest-nft-art-solana-ethereum 


Investment in gaming
Forte

https://decrypt.co/85966/cosmos-solana-ventures-join-725m-series-b-crypto-gaming-platform-forte 

Alexis Ohanian investment

https://www.fool.com/the-ascent/cryptocurrency/articles/why-reddit-co-founder-alexis-ohanian-will-invest-100-million-in-solana-social-media/ 

FTX + Solana

https://decrypt.co/85302/ftx-solana-ventures-lightspeed-100m-crypto-gaming 


Phantom wallet hits 1M+ users
https://decrypt.co/85563/phantom-wallet-preps-mobile-launch-reaching-million-users-solana

 
Solana Basics
CoinMonk: https://medium.com/coinmonks/solana-more-update-for-sol-becb65024877 
Solana Labs: https://medium.com/solana-labs/proof-of-history-a-clock-for-blockchain-cf47a61a9274 
The Tie: https://research.thetie.io/solana-ecosystem/ 
Binance.Research: https://research.binance.com/en/projects/solana 
Genesis Block: https://genesisblockhk.com/what-is-solana/ 
Block Explorers: https://explorer.solana.com/supply + https://solanabeach.io/supply + https://solanalysis.com/ 
Messari: https://messari.io/article/the-perpetual-sol-rise

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